Federal Minister for Planning and Development Asad Umar has dispelled the impression that the pace of work on the CPEC [China-Pakistan Economic Corridor] projects has been slowed down, reaffirming that major work of the projects has been completed by t…
Day: September 17, 2021
NADRA is Now Bound to Share Data With FBR for Tax Purposes
President has promulgated Tax Laws (Third Amendment) Ordinance 2021 to legally bound the National Database and Registration Authority (NADRA) to share Pakistani citizens’ data with the Federal Board of Revenue (FBR) for broadening of the tax base.The g…
Experts Stress Need for Evidence-based Tax Policy for Tobacco Trade in Pakistan
The taxation policies toward the tobacco industry in Pakistan need to be based on real evidence, covering facts and figures about the share of illicit and smuggled products in the Pakistani market.This was the crux of a discussion by trade experts duri…
Rupee Maintains Position Against the US Dollar as Markets Calm Following SBP Warning
The Pakistani rupee (PKR) depreciated by one paisa against the US dollar (USD) on Friday to close at 168.19.Yesterday, it recovered from the record low of September 15 and gained 94 paisas in the inter-bank market to close at Rs. 168.18.On September 15…
New Regulatory Body to be Set Up for Punjab’s Private Schools
The government of Punjab has decided to establish a regulatory body for all private schools across the province.Punjab Minister for School Education, Dr. Murad Raas, said that the single controlling authority would regulate private schools’ fees and ot…